How does 1st Source (SRCE) make money?

1st Source (SRCE) generates revenue primarily from Fiduciary and Trust, which accounted for 47.3% of total revenue in TTM through Q1 2026. The company reported $602.72M in revenue and converted 26.7% of it into net profit, equivalent to roughly $160.71M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of 1st Source (SRCE)?

1st Source (SRCE) reported a gross profit margin of 70.8% in TTM through Q1 2026, equivalent to $427.02M in gross profit on $602.72M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of 1st Source (SRCE)?

1st Source (SRCE) reported an operating profit margin of 34.6% in TTM through Q1 2026, equivalent to $208.74M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of 1st Source (SRCE)?

1st Source (SRCE) reported a net profit margin of 26.7% in TTM through Q1 2026, equivalent to $160.71M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is 1st Source (SRCE) profitable?

Yes. 1st Source (SRCE) reported $160.71M in net income for TTM through Q1 2026, with a net profit margin of 26.7%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does 1st Source (SRCE) spend on capital expenditures?

1st Source (SRCE) spent $574.00K on capital expenditures (CapEx) during TTM through Q1 2026, roughly 0.1% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does 1st Source (SRCE) generate?

1st Source (SRCE) generated $209.89M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 34.8%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of 1st Source (SRCE)?

1st Source (SRCE) had an effective tax rate of 22.8% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of 1st Source (SRCE)?

1st Source (SRCE) reports revenue across 3 reportable product segments, led by Fiduciary and Trust at 47.3% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How 1st Source Makes Money: 2026 Visual Revenue Map

1st Source (SRCE) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 23, 2026).

1st Source discloses geographic revenue only in annual filings. to view the full breakdown.

1st Source (SRCE) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for 1st Source (SRCE) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Fiduciary and Trust	$284.94M	47.3%
Debit Card	$181.80M	30.2%
Deposit Account	$135.98M	22.6%
Total	$602.72M	100%

Fiduciary and Trust$284.94M
Debit Card$181.80M
Deposit Account$135.98M
Total$602.72M

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, 1st Source (SRCE) reports revenue across 3 operating segments; the largest segment was Fiduciary and Trust at 47.3%, followed by Debit Card (30.2%) and Deposit Account (22.6%).

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